Get started

Bearmarketrally

IXIC, You may find this analysis helpful in future !Is this another bear market rally? or just we are at the early stages of new massive bull run? Since hitting 10565.14 low ( which was in 0.5 _ 0.618 Retracement zone of previous major rally from pandemic low to ATH ) , IXIC has started a promising rally for bulls. Is this low market's bottom? It might be, but lets review a contradictory yet valid scenario : First of all I should emphasize this proposed scenario is not a fact and is just a possibility . I have to repeat again : " when we are in world of Elliott waves we are dealing with possibilities not certainties ". As shown on the chart, Previous major decline from 16212.23 to 10565.14 can be labeled as impulsive 5 legs down going wave. Normally, we have a counter trend correction after an impulsive wave therefore, recent rally may be just a big counter trend correction bear market rally. Why I used normally ? Since there are some alternatives for this scenario which are beyond scope of this publication . Please remember : " Possibility vs Certainty " Mentioned five legs down going impulsive wave can be labeled as wave 1 or A which implies for a counter trend correction as wave 2 or B . Strong resistance zone formed by 0.5 and 0.618 Retracement levels has been shown on the chart. This zone is also a valid supply/demand zone. In addition, my private Gann Box analysis confirms this zone as a strong resistance ( I excluded Gann Box from the chart to keep it as clean as possible). 200, 100 and 50 weeks moving averages have been also shown on the chart. As we see, 200 weeks moving average which supported the market at pandemic low was market savior one more time at last major low. 100 and 50 weeks MA s are waiting for the index at our proposed resistance zone. This makes our resistance zone even stronger. If true, Worst has yet to come as wave 3 or C. If we are going to see wave 3 then may god bless the market. Please note this is not to frighten anyone especially bulls or giving hope to bears. This is just an analysis which shows a valid possible scenario and I can strongly recommend you to keep this scenario in mind. I Hope this analysis to be helpful and wish you all the best.
NASDAQ:IXIC
by SaeedSajedi
19
UAA: Rallies should be capped!Under Armour Inc Short Term - We look to Sell at 9.16 (stop at 9.59) The primary trend remains bearish. Bespoke resistance is located at 9.25. Resistance could prove difficult to breakdown. Preferred trade is to sell into rallies. Our profit targets will be 8.06 and 7.50 Resistance: 9.25 / 11.50 / 18.00 Support: 8.00 / 6.00 / 3.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:UAAShort
by VantageMarkets
Sonos:Bear market rally!?Sonos Inc Short Term - We look to Buy at 15.55 (stop at 14.55) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. There is scope for mild selling at the open but losses should be limited. Support is located at 15.50 and should stem dips to this area. Dip buying offers good risk/reward. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 17.96 and 19.00 Resistance: 18.00 / 20.00 / 32.00 Support: 15.00 / 13.00 / 8.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:SONOLong
by VantageMarkets
WIX: Bear market rally?Wix.Com Short Term - We look to Buy at 65.69 (stop at 58.33) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The trend of higher lows is located at 60.00. A weaker opening is expected to challenge bullish resolve. Support is located at 65.00 and should stem dips to this area. Preferred trade is to buy on dips. Our profit targets will be 84.99 and 92.00 Resistance: 85.00 / 110.00 / 200.00 Support: 65.00 / 53.00 / 34.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:WIXLong
by VantageMarkets
$SPY Post Jackson Hole waterfall now what ? Taking a step back , although a continued down trend in SPY since JAN highs, after post Jackson Hole water fall it appears SPY is ready for another rally. Barring any Black Swan event , RSI on the daily is approaching oversold and price is near the bottom of the downward channel. While a "lower low" is still in the cards, the R/R favors the upside here and began scaling in longs for OCT opex. Small size, and will add if price manages to crack below to 375 zone, although we may not get 375 hence the scale in starting today. Surely shorts from 420+ have feasted well and will start closing/ taking profits off the table and waiting for the next opportunity to reload. Note, this is a counter trend rally trade , I'm still fairly convinced we stair step down for a while longer with nice rips along the way - a rip I believe is closely approaching ! Cheers
AMEX:SPYLong
by FriscoTrades
4
VIX UVXY Reversal PatternQQQ SPY and the indices all had late afternoon Bearish Engulfing Candles Tuesday afternoon before the Fed Minutes release I have charted the VIX as a ratio with SPY. IA down trend is persistent. The ratio is at the lowest seen. However, RSI divergence with a slight increase in relative strength as well as a dropping score on the Choppiness indicator both point to a reversal. I will play this with call options on the UVXY ETF expiring on September 19th hoping to 2X the trade with little given that the macros will hold up or raise UVXY as a bear market rally may stagnate or burn out. What is your option?
TVC:VIXLong
by AwesomeAvani
27
Bitcoin to 3.7k then 250k? Fundamentals extremely bearishThe stock market will crash, it barely down 2% from this local top of 4300, imagine it going to 2900 as bottom, around a 40% crash BTC will go down so hard it is not funny anymore, Michael Burry warned that previous crashes all had something similar in common, now this cycle has ALL OF THEM. Whats more people speculate on stocks that dont justify the earning, we barely dumped and BTC is already at 20k. Winter is coming and demand for oil and gas is going UP, the DXY will RISE. MT GOX BTC 150k. Whats worse we going to close first time history montly BELOW 200 WMA. next top dom 40% btc market cap 53000 = 1t 40% of 12t = 4.8 53000x4.8 = 250k
Short
by Heartskull
3
The Resemblance is Far Too UncannyThis chart is rather simply mocked up. However the resemblance of how the last 7 years before the 2001 stock market crash and the last 7 years leading up to the 2021 stock market crash were rather uncanny to say the least. Even more so, almost to the day/week how the patterns have resembled the exact formation of the 2001 cycle almost to the exact percentages. Anyone who believes that history repeats it self, or more or less has a similar Rhythm to the past, or is just curious to see if the next 440 play out in a similar pattern to what I believe will be a new low. Please save this post and give it a boost so that others get a chance to benefit from it in the same way you did. Thanks
SP:SPX
by Ryan1993
1
Nasdaq TopNotable figures such as Michael Burry and Puru Saxena have taken opposing sides on what this rally means. I enjoy how Burry made a very hedged statement... noting that at 23% it was within average but did not imply the Nasdaq's rise itself predicted the future. Puru took a more affirmative view that this was more than a bear market rally. Today's intraday price action on CME_MINI:NQ1! was a morning sell off down to support: Price counteryeeted at an Overnight low Inflection Point into a sharp rally which has been all too common in the last many trading days. But that price action showed the signs of a false breakout here after a long, extended rally. The Spike fits my rules and must be taken. With a stop above today's high the risk is fixed and a proper 3 to 1 down to a 50% Retracement of the recent move up from August 9th. CME_MINI:NQ1! .
CME_MINI:NQ1!Short
by norok
1
HD:Bear market rally???Home Depot Inc Short Term - We look to Buy at 311 (stop at 301) A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Horizontal support is seen at 310. Further upside is expected although we prefer to set longs at our bespoke support levels at 310, resulting in improved risk/reward. Our profit targets will be 339 and 345 Resistance: 340 / 370 / 420 Support: 310 / 280 / 150 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:HDLong
by VantageMarkets
1
BTC bear market rally showing signs of weaknessI am currently out of my longs a little bit shy of 24k as I am starting to see signs of weakness. Bearish divergencies are starting to form on low time frames, SPX on resistance, US100/US500 on resistance, Total Market Cap on resistance, BTC seems like it is about to form an SPF on the daily (and potentially on the weekly too if this keep going that way) In the 2h chart I see a range deviation playing out if the candle closes back within the 22650-24200 range Technically the target should be the range low at 22700 but if you are still bullish you should at least consider riding the shorts till the range mid point at ~23400 Just my quick 2c p.s. I know I am frontrunning the candle close but honestly I don't think it matters much. I'd rather be wrong than late.
FTX:BTCUSDShort
by Athantonios
Mid cap coins for the next bull run. Research!Trading mid-caps and low caps (aka sh!t coins) is only a good strategy in a bull run for BTC and ETH. But here are some notes on things to look into for the next bull run to keep yourself busy. Understand how they work and how they plan to provide value to make money. DO NOT BUY RIGHT NOW! RESEARCH! Curve finance ecosystem Ape coin (bitcoin of gaming crypto) ($20 target next bull run) Gala games (possible 10X $0.6 target) Vulcan forged (billion $ market cap w/ $45 target) Adshares (if they pull off what they're talking about = big IF) Seedify.fund (face of gaming IDOs) SuperFarm (Ellio trades) Verasity (might replace streaming has a cult following) Illuvium ($500 target in bull run fully diluted valuation is a problem) Microcap games (interesting) Wilder world ZooKeeper And then the bigger names: Kusama Solana Vs Polygon Vs Polkadot narrative Solana: Radium Polkadot:polkadex & polka starter The biggest return will come from coins that still have a strong narrative such as the metaverse but have experienced the biggest losses without dying. If you can see how these projects work and what makes them tick you'll be better positioned for the evolution of the metaverse narrative in the coming years. Right now is not the time to buy it's the time to sit on your hands with the majority in cash. Dry powder will become valuable as the market tanks further trying to convince the FED to print more money. Current moves feel like a bear market rally so yes if you need to scratch an itch it's an "in and out 20 min adventure" don't say I didn't warn you. Just my opinion but stay off the tracks for a little longer and jump on the train as it passes instead of getting run over Now is the time to learn. An hour a day just watching Krowns crypto cave or real vision finance will do wonders in a year if one is consistent. Avoid the blizzard and stay warm digging for the sunshine. Even if YouTube is all you got for now it'll do. Maybe pick up an Undoing Project by Michael Lewis book if you like micro or A People's History of the world by Chris Harman if you like macro. All the best, see you on the moon.
BITSTAMP:CRVUSD
by GreatScottTheMoon
Eth/Crypto Projection, Ultra Fakeout Incoming?Similar to January 2019, we're due for a technical correction and bear market rally. We're riding the resistance bounds of short term gains, and now that it's opportune for market markers to turn the viewpoint of the crowd bullish again, it seems like shorts are now the crowded move and perhaps the wrong move. Long-term momentum should remain bearish (white line in chart) and it wouldn't surprise me if we went down from here very shortly in the next few weeks, set a short-term higher-low (white flag in the chart), followed by a medium-term lower-high (the red hammer in the chart), followed by more downtrend where more consolidation happens. Unless of course severe QE or something fundamentally crazy happens that will interrupt it somehow, which definitely seems possible sometime soon, and should be prepared for. Personally, I know anything can happen, but being a contrarian tells me that this is the move the crowd won't be able to see. They are bearish but got a bit scared by this recent rally. Some have covered their shorts. Why not force them to reconsider their shorts for one quick fakeout before a large long move? What do you think? Am I crazy? Do you think it's possible? Good luck, thanks for taking a look, and don't forget to hedge your bets! PS. 5000 is a bit of a stretch for a target, my hand got carried away with the drawing tool! :p Anywhere 2500+ would be pretty impressive imo.
BITSTAMP:ETHUSDLong
by fringe_chartist
3
AMD:Bear market rally or turnaround?Advanced Micro Devices Short Term - We look to Buy at 76.98 (stop at 72.75) The primary trend remains bearish. We are assessed to be in a corrective mode higher. The daily chart technicals suggests further upside before the downtrend returns. Trend line support is located at 76.00. Dip buying offers good risk/reward. Our profit targets will be 90.00 and 95.00 Resistance: 90.00 / 110.00 / 125.00 Support: 76.00 / 60.00 / 40.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:AMDLong
by VantageMarkets
Bear Market RallyBINANCE:BTCUSDT Bear market rally Prior to anything else, it's critical to realize that we are currently in one of them. Bear market rallies are brutal because it's difficult to predict how long they'll last, how strong they'll be, and how long they'll last. It is challenging for most individuals to comprehend this because they lack patience and think in terms of the most minute time frame. Rallies that periodically occur inside the downward macrotrend create a downward trend with lower highs on high periods (from 3 days to 1 week). Some of them result from cutting short positions in order to profit and start new short positions at higher levels. Ultimately, a redistribution takes place after several weeks of growth of 30–50% (or possibly twice that, depending on the market's structure). Before they pull the rug out from under people, they need to think that the macro trend has altered. The market's function is to take money. Although he is capable of giving in, movements usually happen when traders are not around. The price rises if everyone is short. Down if they are long. Although it seems strange, it is true. The market is an evil steed. You are forced to buy when prices increase. Moving lower encourages selling. You must act because of the price. Keep in mind the feelings you have as you move up or down. There won't be much market share lost if the price declines uniformly. However, the availability of rebounding enables powerful players to profit from movements in both directions while also taking the most money possible from you. Months of decline, followed by a recovery. You don't believe it at first, but it keeps getting stronger. When you finally give up and put your chips back on the table, they again take them away from you. Before you declare that a fresh bear market has started, consider how long downtrends often persist. You should expect downtrends of one to two years and possibly a year of unpleasant sideways movement. Both in the cryptocurrency market and the stock market, there are a ton of historical examples of this. Look at the numbers and consider whether the extra funding can sustain the FDV of a sector whose overall valuation has increased 7 times. Do we have a sudden increase in users? new currency The levels of BTC , ETH, ADA, and SOL as of today were marked to the nearest dollar six months ago. These are merely precursors to a bearish comeback and nothing more, as the primary macroeconomic issues still exist. There will be multiple chances over the coming weeks to sell the rise and rebuy lower. After that, the decline will likely continue or there will be a long flat. If someone tells you there will be a new bull market but doesn't know how or why we got here, don't believe them. Any powerful move up will inevitably be met with a countermove below. You'll now start to wonder why you didn't take advantage of the opportunity to make a profit. Don't be frightened to simply progress upward gently. Protect your capital to survive. Unknown are the scope and length of the current era. However, given the background, it is likely that the trend will last for some time. There will be multiple chances over the coming weeks to sell the rise and rebuy lower. After that, the decline will likely continue or there will be a long flat. If someone tells you there will be a new bull market but doesn't know how or why we got here, don't believe them. Any powerful move up will inevitably be met with a countermove below. You'll now start to wonder why you didn't take advantage of the opportunity to make a profit. Don't be frightened to simply progress upward gently. Protect your capital to survive. Unknown are the scope and length of the current era. However, given the background, it is likely that the trend will last for some time. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
COINBASE:BTCUSDEducation
by Crypto4light
BTC Playbook: Relief Rally targets and possible BottomHey all! It seems like my idea (posted 3 weeks ago) about a potential relief rally is coming to fruition (with a bit of a delay). I'll keep this analysis quick and simple by giving you all the possible resistances and where I believe the bear market bottom is. Here we go: Red lines: The red lines are all my price targets for this relief rally. I give emphasis on the 200W MA and the 50D MA area. If the price breaks the first, there's a chance we visit the second but I personally believe the probability of heading even higher (towards the 28800 area) is not as great. If you're wondering why I picked these prices go back to the bull run and you will see those where areas of consolidation during previous upside. As I said tho, for me the most important levels are those around 200W MA and 50D MA. Green lines: Green lines are all tested supports. Ironically, all those levels were hiding in plain sight. All of them are levels from November 2020 (right before we broke 2017 ATH) Those are levels you might considering buying, of course depending on the Price Action (context while visiting each level may vary, making each one a good buy or bad one. Use your brain) Yellow lines: Those are untested supports. For context I've written the dates they come from so you can check why these prices are important. There's high probability these yellow lines are the bear market bottom. If not then my eyes would target the 11800-12500 area as an extreme bear market bottom (absolute lowest price I could ever imagine is 10800 and I think it's highly unlikely we'll see it) Blue background "Zone" = Ranging zone. Not terrible buys but expect a lot of chopping Green background "Zone" = Good buying opportunity zone. Very good prices to build some spot. Potentially that's also gonna be the bottom unless we go for the extreme scenario of sub 14k. !!! INVALIDATION !!! -- My Idea for a relief rally is invalidated if we get extended price action below 20.4k or daily close below 19.2k or weekly close below 19.6k !!! Generally, I believe we have lee-way, thus, possible upside until either 13/7 when CPI comes out or 19/7 when earnings start to get published. I am expecting bad earnings to be announced starting 19/7 and on. On top of that we have FOMC meeting the 27/7 and GDP for Q2 coming out the 29/7 (which will confirm we're in a recession) So whatever you do make sure to secure profits till 13/7 max 19/7 In short, upside for up to 2 weeks, then return into the inside week range (19600-21800) and eventually towards the actual bear market bottom. This whole process might take a month or two, so, stay vigilant and be patient. Good Luck!
COINBASE:BTCUSDLong
by Athantonios
2
Bear market rally time? Sell itI suspect a short term but potentially strong bear market rally up to resistance levels and volume profile nodes (yellow areas, with points of control being the broken yellow lines). Short term momentum indicators are oversold, but most importantly we seem to have found support on a major support line, which has acted as support throughout this bear market. Break of this support at price c$3,700 could spell capitulation. Although, a fake break-down below is likely, and could be what we saw overnight in the futures market. The macro economic outlook is grim and supports a 08 style scenario, however, markets do not go straight down or straight up. We have seen 5 red days in a row, with yesterday, even with a 75point rate hike, ending the red streak. The tape seems to have reversed overnight, however, keeping max pain in mind, this looks like a stop-hunt, and a false breakdown below major support, to grab liquidity before continuing higher for warranted relief rally up to resistance. This market has followed support and resistance trend lines surprisingly closely, so watching for price action around major supports and resistance, as well as Volume Profile POCs, is key to spot reversals. My relief rally price targets start at $3,900 - $4,000, where I expect rejection at the channel resistance. Or, if this is broken, $4,200 - $4,300 are the next levels to watch. Finally, if we break above $4,300,the major trend resistance line will be the final stop at about $4,400. To the downside, I suspect the channel resistance to hold but that we will continue to trend lower, with the channel supporting us all the way down to $3,300. Capitulation for me would mean breaking below the down trend channel, and waterfalling to price levels we thought we would never see again. *** Not financial advice just an idea***
OANDA:SPX500USDLong
by Doge_Dean